The new report calculates numbers on federal law enforcement actions regarding crypto companies under President Trump. Dozens of companies received generosity, but Web3, Fintech and AI were the biggest beneficiaries.
This shift came as part of a consistent strategy to drive contributions to the over $1 billion campaign. These companies have rewritten federal policies to mitigate attacks on themselves and prevent future actions.
How President Trump eliminated code enforcement
He has been a huge player in the crypto industry since President Trump won the election, and this is especially true for federal law enforcement.
Regulators have dropped dozens of well-known cases, and their ability to prosecute future cases has also diminished.
There is a belief around that corruption is happening, which has caused a political blow, but most casual observers can’t see the big picture.
Critics and supporters point to the most shocking and unprecedented incidents that capture the imagination. Crypto has inflated Trump’s net worth, so observers assume that something illegal is happening.
However, this approach can lead to miss tree forests. It’s not enough to just feel a vague sense of anxiety. Specific data is required. To address this visibility issue, citizens have compiled a comprehensive report on Trump’s war on code enforcement.
Calculate numbers
A slight zoom out will turn Trump’s crypto policy into a massive campaign against federal enforcement.
In total, police agencies have abolished enforcement measures against 165 companies since the 2024 election, with a quarter of which were high-tech companies. Most of the companies in this tranche are crypto, fintech and AI companies, making Web3 the biggest beneficiary.
But is this corruption? Trump’s campaign has pledged to attack Biden’s unfair code enforcement and create business-friendly regulations. Where is Quid Pro Quo? To understand this, it is important to remember that Trump was an opposition to the industry.
Code has gathered behind him since Trump launched his reelection campaign. The report points to a massive campaign contribution from the industry, which has reached at least $1.2 billion.
Prominent executives at companies like Gemini have demanded a decline in enforcement and are still influential in Trump’s administration.
Many companies followed this blueprint. The full report is too big to consider here, but it contains pages on the page for a particular interaction.
Cryptocurrency has donated to Trump and received generosity from federal enforcement, maintaining the positive connections they are today. These continuing relationships are a means of blocking future enforcement actions.
This concrete approach helps make the overall dynamic more readable. Dozens of companies in several industries have been given generosity.
However, Crypto was spearheading the federal government’s strategy for enforcement using Trump’s donations. This technique was so comprehensive that it may not be possible to reverse a change in one presidential terminology.
Some ironic observers have declared that “crime is now legal,” and it is clear to see why.
Many single incidents are unprecedented, but they combine to form a campaign that is hardly conceivable. Such concrete data can help savvy observers get a glimpse into the big picture.
The post-surprise report first appeared in beincrypto, as it dismantled the war on Trump’s code enforcement.